Invesco PureBeta US Aggregate Bond ETF (PBND)
Invesco PureBeta US Aggregate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $21.77, down 0.05% on the session, giving a market capitalisation of $22.0M. Its beta of 0.98 implies it has historically moved less than the broad market.
This ETF is designed to track the performance of a specific underlying index by investing at least 80% of its total assets in the constituent securities of that index. The index, which is meticulously compiled, maintained, and calculated by ICE Data Indices, LLC according to their established procedures, aims to reflect the performance of the domestic investment-grade bond market. This market segment is comprised of high-quality, U.S. dollar-denominated debt instruments that are publicly issued and available for sale within the United States.
Invesco PureBeta US Aggregate Bond ETF is most often compared with the following Financial Services names: